Virginia § 46.2-2056 - Effect of unfair claims settlement practices on self-insured motor carriers
Full text of Virginia Code of Virginia § 46.2-2056 — Effect of unfair claims settlement practices on self-insured motor carriers, with citation guidance and answers to common questions.
§ 46.2-2056. Effect of unfair claims settlement practices on self-insured motor carriers
The provisions of subdivisions 4, 6, 11, and 12 of subsection A of § 38.2-510 shall apply to each holder of a certificate or permit issued by and under the authority of the Department who, in lieu of filing an insurance policy, has deposited with the State Treasurer state, federal or municipal bonds or has filed an unconditional letter of credit issued by a bank. The failure of any such holder of a certificate or permit to comply with the provisions of § 38.2-510 shall be the cause for revocation or suspension of the certificate or permit.
2001, c. 596.
Source: official Virginia text · Last verified 2026-08-27
Frequently Asked Questions About Virginia § 46.2-2056
What does Code of Virginia § 46.2-2056 cover?
Section 46.2-2056 ("Effect of unfair claims settlement practices on self-insured motor carriers") is part of the Code of Virginia, the codified statutory law of Virginia. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Virginia § 46.2-2056?
A common citation format is "Code of Virginia § 46.2-2056" (Virginia). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Virginia law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Virginia official source linked on this page or consult a licensed Virginia attorney.
How does Virginia § 46.2-2056 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Virginia can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Virginia.